JBDC announces third Jackson Business Challenge
Jackson, Minnesota- the Jackson Business Development Committee (JBDC) will be accepting applications for the 2021 Jackson Business Challenge up until December 31st, 2020. The three-year-old program is a three-phase competition that will attract new businesses to downtown Jackson by offering a prize package worth $20,000.
“On behalf of the Jackson Area Chamber, we are extremely excited to be a part of this program again this year.” Said Corey Christopher, Jackson Area Chamber of Commerce Executive Director. “The Business Challenge is an excellent opportunity for entrepreneurs and the community as a whole. This is a great way to continue the revitalization of Jackson.”
The 2021 Jackson Business Challenge will follow the same guidelines as the 2019 and 2020 program. The program aims to fill empty buildings in downtown Jackson and attract entrepreneurs to the community. The contest will consist of three rounds with the first round deadline being December 31st, 2020. The rounds will consist of the following:
Round 1 – Business Concept
Round 2 – Detailed Business Plan
Round 3 - Oral Presentation
“I have already been asked by potential applicants if we would be doing the program again.” Said Tom Nelson, Jackson Economic Development Coordinator. “It was great to see so much energy in town about the opening of last year’s winners and I cannot wait to build on that momentum”.
The prize package valued at $20,000 will consist of grants funds, rental assistance, free marketing, accountancy assistance, legal assistance, and more. The program is being sponsored by many local organizations that are committed to helping the community grow and thrive. The Jackson Business Challenge will look at the viability of applicants’ business plans as well as how they will enhance downtown. Entrepreneurs as well as current business owners in and out of Jackson, are encouraged to apply to the program.
Winners of the 2020 Jackson Business Challenge, Tom and Heidi Turner opened the R.E.S.T. Stop on September 1st, 2020. The Turners were one of the seven applicants to apply to the 2020 program and have since joined the Jackson Business Development Committee (JBDC).
“Without the opportunity and encouragement given to us through the Jackson Small Business Challenge, we would not have brought our dream to reality.” Said Tom and Heidi, Owners of the R.E.S.T. Stop.
Complete details and applications available at www.cityofjacksonmn.com/jbc